Exchange Rate Systems
Fixed - one currency is fixed against another currency
Free Float - the exchange rate of a currency is left to market forces (eg USD)
Dirty Float - the currency is allowed to float but the authorities will intervene if it trades outside a particular range
Pegged - the currency tracks the value of another currency
Semi-pegged - the currency is pegged within specific ranges. The former exchange rate mechanism was an example of this.
© 2020 Better Solutions Limited. All Rights Reserved. © 2020 Better Solutions Limited TopPrevNext